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1. A bank exchanging foreign currency makes its profit in what manner? On the difference between the spot rate and the foreign rate A bank

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1. A bank exchanging foreign currency makes its profit in what manner? On the difference between the spot rate and the foreign rate A bank is forbidden, by law, to charge a premium in foreign currency exchange On the present value of the forward rate discounted to the date an option is purchased On the difference between the buying and selling rates

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